David Pierson

David Pierson is a business reporter for the Los Angeles Times who writes about tech, media, trade and retail. A staff writer since 2000, he previously covered food and agriculture and was based in The Times’ Beijing bureau from 2009 to 2013 covering China.

Three co-founders of Tinder and seven current and former executives have filed a lawsuit against the dating app’s parent company alleging it undermined the app's valuation to deny them billions of dollars' worth of stock options.

First, the good news: Snap Inc. beat projections for revenue in the second quarter, tempering long-held fears that its loyal Snapchat users would never support a sustainable business. Now, the bad news: The number of users Snapchat can profit from could be reaching a ceiling sooner than expected.